Data Protection Policy

V 0.5

 

Thank you for using the NOS Stablecoin Application (the "Application"). NOS Stablecoin Limited ("We", "Us", "Our") has created this Data Protection Policy to demonstrate our firm commitment to privacy and to inform you about the manner in which we use your personal data. The following discloses our information gathering and dissemination practices for the Application.

 

 

This Data Protection Policy applies to the Application and the data we process through that Application. This Data Protection Policy does not apply to data we process by other means (e.g. when you visit Our website) or data that is being processed by third parties (e.g. when you download the Application in the Play Store or by similar means).

 

 

The responsibility for data processing lies with

NOS Stablecoin Limited,

78, Mill Street,

QRM3101 Qormi, Malta

For more information and contact details, please consult the legal notice (https://nollar.org/tos.html) of this Application.

 

 

    1. Anonymous Usage Data

We may process technical data when you use the Application. Such data may comprise:

We will use the data in an aggregate form without reference to specific users. The erasure of data is made once they are no longer required for the purposes of collection.

We collect such data to improve the reliability, structure and user convenience of the Application. The legal basis for the data processing in these cases is our legitimate interests as set out above, Art. 6 (1) f) GDPR.

    1. Establishment of contact

When you establish contact with us, e.g. by way of email or telephone, we will process the data required to handle the request. To this end, an entry in our computer systems will be made, if applicable.

We erase such data once they are no longer required, provided that they are not subject to any statutory periods of retention.

The legal basis for such data processing is the implementation of pre-contractual measures based on your request or - if you are our customer already - the performance of the contract, Art. 6 (1) b) GDPR.

    1. "Know your Customer" data

When you sign up for certain services We may offer to you, We may have to collect and process a set of personal data in a so called "Know your Customer" process. This is the process of a business verifying the identity of its customers and assessing potential risks of illegal intentions (e.g. money laundering or transactions comprising illicit goods) for the business relationship. We are obliged by applicable law to conduct this process. The data will only be used for the purposes described above.

The erasure of data is made once they are no longer required for the purposes of collection.

The legal basis for the processing of those data is Art. 6 (1) c) GDPR (General Data Protection Regulation), as those data are needed for us to comply legal obligations.

    1. Data to comply with our contractual duties

We process personal data that we need to comply with our contractual duties. The collection of such data is required to conclude and perform the contract.

The erasure of data is made once they are no longer required for the purposes of collection and after the lapse of warranty periods and statutory retention periods.

The legal basis for the processing of those data is Art. 6 (1) b) GDPR (General Data Protection Regulation), as those data are needed for us to comply with our contractual duties to you.

    1. Newsletter and advertisement

With your consent or with a legal permit, we send out newsletters with company and product information, notices on promotional offers, press releases, and similar contents.

To subscribe the newsletter, the data requested in the subscription process are required. The newsletter subscription is recorded in a protocol. After the subscription, you receive a message at the indicated email address asking you to confirm the subscription (“Double Opt-in”). This is necessary to avoid that third parties can subscribe with your email address.

You may withdraw your consent to the receipt of newsletters at any time, thus unsubscribing the newsletter.

We store the subscription data as long as they are needed for sending the newsletter. We store the recording of the subscription and the destination address as long as there is an interest in preserving evidence of the initially given consent; as a rule, this is done for periods equivalent to the periods of limitation for civil-law claims, i.e. for a maximum of three years.  

The legal basis for sending the newsletter is your consent pursuant to Art. 6 (1) a), Art. 7 GDPR in combination with sec. 7 para. 2 no. 3 UWG (German Unfair Competition Act) or the legal permission pursuant to sec. 7 para. 3 UWG. The legal basis for recording the subscription is our legitimate interest in the evidence that the newsletter was sent with your consent, Art. 6 (1) f) GDPR.  

 

 

The function of the Application is to facilitate sending and receiving data to third parties and accessing the NOS block lattice network. Such data is not processed by Us and We cannot track, manage, or restore such data.

 

 

      1. We may share data we are processing with our subsidiaries. We may further share such data with contractors we use to fulfil our contractual obligations towards You. Such contractors will be bound by contractual obligations to keep personal information confidential and use it only for the purposes for which we disclose it to them.

      2. We may share data we are processing in an aggregate and anonymized form to a buyer or other successor to Us in the event of a merger, divestiture, restructuring, reorganization, dissolution or other sale or transfer of some or all of Our assets, whether as a going concern or as part of bankruptcy, liquidation or similar proceeding, in which personal information held by Us about the Application users is among the assets transferred.

      3. Notwithstanding the foregoing, We do not sell or market personal data to third parties. Transfer of personal data occurs in some cases for us to meet our contractual duty as well as to safeguard our legitimate interests.  

 

 

According to the applicable laws, you have various rights in respect of your personal data. If you desire to assert your rights, please direct your request via email or mail to the address indicated in section 1 above clearly identifying your person.

In particular you may have the right to:

 

 

      1. We have implemented technical and organizational measures to secure your personal information from accidental loss and from unauthorized access. Unfortunately, the transmission of information via the internet and mobile platforms is not completely secure. While we endeavor to protect your personal information, we cannot guarantee the security of your personal information transmitted or collected through the Application. Any transmission of personal information is at your own risk.

      2. Please be advised that the safety and security of your information also depends on You. Where the Application has given you a Wallet Seed, you are solely responsible for keeping this Wallet Seed confidential, as it can be used to access your Wallet and any information (including currencies, vouchers and other instruments) You store in your Wallet. You should not share your Wallet Seed with anyone. We do not receive, collect, record, store or have access to your Wallet Seed and we cannot recover them.

 

 

There will be no automated decision-making based on the personal data collected on this website.

 

 

      1. We may update this Data Protection Policy from time to time, in which case we will make the updated Data Protection Policy available link on the "Settings" panel of the Application. In some cases, we may also tell you about changes by additional means, such as by informing you through an alert on the Application.

      2. Your continued use of the Application after we make changes will be deemed to be your acceptance of those changes, so please check the Privacy Policy periodically for updates.

 

 

If you should have additional questions on data protection, please contact our data protection officer:

Julien Fouche (julien@nos.cash)